Code of Massachusetts Regulations
606 CMR - DEPARTMENT OF EARLY EDUCATION AND CARE
Title 606 CMR 15.00 - Early Education and Out of School Time Capital Fund Program
Section 15.01 - Scope, Purpose, and Applicability

Universal Citation: 606 MA Code of Regs 606.15

Current through Register 1531, September 27, 2024

(1) The Early Education and Out of School Time (EEOST) Capital Fund (Fund) was created by An Act Financing the Production and Preservation of Housing for Low- and Moderate-income Residents, St. 2013, c. 129, §§ 2 (Budget Line Item 3000-0400) and 3, and reauthorized by St. 2018. c. 99, §§ 2 (Budget Line Item 3000-0410), 3, and 4. The statute authorizes the Department of Early Education and Care (EEC) to administer up to $45 million in general obligation bond funds for grants to develop eligible facilities for use as licensed Large Group and School Age Child Care Programs as defined in 606 CMR 7.00: Standards for the Licensure or Approval of Family Child Care; Small Group and School Age and Large Group and School Age Child Care Programs.

(2) The EEOST Capital Fund provides grants to tax-exempt nonprofit corporations or organizations in which a nonprofit corporation has a controlling interest, which shall use such grant funds to develop and/or rehabilitate eligible facilities in which at least 50% of the slots in the facility shall serve low-income families who are eligible for public subsidy.

Disclaimer: These regulations may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.